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Macy'S Inc Has Returned 25.2% Since SmarTrend Recommendation (M)

By James Quinn

SmarTrend identified a Downtrend for Macy'S Inc (NYSE:M) on March 21st, 2017 at $28.62. In approximately 6 months, Macy'S Inc has returned 25.19% as of today's recent price of $21.41.

In the past 52 weeks, Macy'S Inc share prices have been bracketed by a low of $19.32 and a high of $45.41 and are now at $21.41, 11% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 0.5%.

Macy's, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy's retail stores sell a wide range of merchandise, including men, women, and children apparel and accessories, cosmetics, home furnishings, and other consumer goods.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Macy'S Inc.

Log in and add Macy'S Inc (M) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights macy's inc

Ticker(s): M